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MetaTrader 5 Indicator | ZeroLagEMA

12.7.25 0

Zero-Lag Exponential Moving Average indicator is an exponential moving average with the minimum delay.

It has two configurable parameters:

  • Period - calculation period
  • Applied price

Calculation:

ZeroLagEMA = Alpha * (2.0*AppliedPrice-LagAppliedPrice) + (1.0-Alpha) * PrevZeroLagEMA

where:

Alpha = 2.0 / (Period+1)
Lag = Ceil((Period-1)/2.0)
LagAppliedPrice - AppliedPrice on Lag bar

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